Considering that Van Gogh's sell in the upper reaches of millions this is
not a realistic choice. However, let me pose a true choice for you.
If a 3 sheet King Kong sells for $450,000 at Heritage or Hershenson, that would
be considered the fair market value of the day. If on the same day a
"lesser" Van Gogh sells for $450,000 at one of the major auction houses that
would then be a fair comparison of fair market value on that date. Given a
choice after the auctions to purchase either from the respective high bidder
then I would take the King Kong. This is my hobby and love and I could
care less about the Van Gogh. What would you take? Hmm!
CJL
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